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Search Results 0 to 49 of about 103 (some duplicates have been removed)
, but the fact he was not speaking optimistically about the economy and the effects of qe3 on the economy sent a damper on the stocks. a nice way to begin the day with 75 up on the dow, 3.6 on the s&p, and, again, nasdaq is the only one in the red. lauren: sometimes the fed tie doesn't list everything. silver ending at seven month highs. look at that. david: oil, a little of a rise, natural gas, though, we want to focus on natural gas because we have seen that thing grow for the past month or so. it was up 5% today. if you're looking for some play in energy, oil seems a little too hectic for you, go to natural gas. with ce get -- can we get that up there? okay. switch to airlines. lauren: they are seeing a pop today. as you see, there was a report out earlier saying the outlook for the airline industry is improving. that's a good sign. look at that. up arrows across the board. david: ibm, you knew it was a pick when warren buffet went in there. today, look at this, an all time 10-year high at the top there trading at $210.43 per share. that was a 1.5% jump today. a nice big move by ibm. fed ch
that will be the headline on thursday morning? probably not. the debate is supposed to focus on the economy, a tough subject for the president. minutes from now, another report on manufacturing and it's likely to confirm an economy on the verge of recession. contrary to media reports, governor romney's campaign is not dead. a rasmussen poll gives him an edge among voters who will definitely vote and see his tracking poll of likely voters first on this program minutes from now. no letup in tax the rich mania. the u.n. takes aim at the richer people in america and europeans riot again to make them pay for, well, for everything. and then there is this, the european beat americans at golf again. but cheer up, "varney & company" is about to begin. >> good morning, "varney & company," today is monday october the 1st. wednesday is the first presidential debate and the obama campaign spent the weekend trying to low up media expectations that the president's already won. most mainstream polls do indeed have president obama in the lead, but according to rasmussen, governor romney has an edge among certain voters. 43
to do something like this? >> i think it would be a reference back. because the economy takes all the oxygen out of the election with a little bit of foreign affairs, the supreme court does not play against undecided voters. it is a motivator to get out and get to the polls. you want this person to replace justice ginsberg when she retires for example. you want to know if there's any practical experience, and the obama at the lustration has declined to defend the defense of marriage act. present romney might decide he would defend the constitutionality of that statute. it does seem like that has a lot of salience and presidential debates. i.t. think it will not happen. here is why. no major national political figure has attacked as publicly since 1996 or before. it is remarkable. the republicans were seeing some political profit in attacking affirmative action given the polls. they do not do it anymore. john kerry said maybe it is time to stop these racial preferences. the democratic leadership council was inching down that road. that is all gone. this is why we get so demonized i
in obama's handling of the economy and romney. we have two jobs report left before the election. do you think -- well, what do you think the impact will be? >> i don't think there will be all that significant because if it was going to be significant in the jobs report obama would be toast. he has had 43 months in his term so far where the jobless rate is above 8%. now, and all of the time between 1948 and 2009 when obama took office in cumulative months and which the unemployment rate was above. some 39 months and 43 months in just three and a half years of his presidency. those are the staggering your numbers. yet people still say, well, he's trying really i've. lori: he wants to try to cut tax of year and a higher percentage. 75 percent individual income rate. >> it is absurd. there is no economic basis for that other than we don't think people ought to earn that much money, so we're going to take away. that is socialism at its very essence. and so you elected socialist president. voila. you're going to have socialist policy, and that is what you have. he comes out with a 75% tax rat
. brazil recently overtook the united kingdom to become the sixth largest economy. perhaps it is no wonder that the british prime minister has come to town to drum up trade. he is leading a delegation and in the past few hours, he met with the president in the capital. but brazil faces many challenges. there are signs that its economic growth is slowing and inflation is on the rise. when it comes to education, brazil ranks 53rd in the world. it is an issue the country needs to address so it can seize its momentum not be left on the sideline. and downtown, there are throwing up the buildings at a dizzying pace. but it takes more than muscle to lift the country. all of this prosperity was built on natural resources but of the country wants to do more than supply commodities to china, it needs human helped to. >> you will not find many skilled workers on the streets. it is here in the poor neighborhoods, not far from the business district, that you find that challenge. if this country ever wants to develop from an emerging economy, it is going to have to do a better job educating its populati
. >> we were expecting to have a deficit that was going to be about 7% of the economy and it turned out to be 9%. we did not have the time to react. so weak in our political manifesto, the main aim was that we were going to give spain what it needed. there were not actual promises but as a general promised to try to manage the situation. the figures were worse but we were struggling. >> what would the opposition socialist to differently? spain has one of the biggest property bubbles followed by the collapse. >> we want comprehensive reform of the fiscal system. it has to be more progressive. we know in spain that corporations only pay 11% from their benefits. at the same time, there is a large number of citizens who do not pay taxes to income tax. they are liberal professions like people who put all their revenues inside society. we believe there has to be changes and we have to have a more comprehensive system that is able to control everybody. >> won the budget was announced, it was predictable. this economy has already seen 65 billion euros out of it this year. today was confirmed a
for life, and until last july he was italy's minister of economy and finance. but he is not exactly a politician. as a respect economist considered be abo party politics he was chosen to form a new technocratic government. it put him at the center of the european debt crisis confronting rising interest rates that led to greece, ireland, and portugal to seek bailouts. his ability to turn calamity into opportunity has revived his nickname "super mario." i have pleased to have him here at this table for the first time. welcome. >> delighted to be here. >> rose: i see that you have said that you're not going to run for pri minister? >> no, i can confirm that i will not be a candidate. i believe i couldn't even be a candidate because, as you mentioned, i am senator for life. so candidates are candidates inn order to become members of parliament. >> rose: and you're senator for life. >> yes. >> rose: do you want to stay as prime minister? >> of course i will not. i will-- the whole government will have to resign when the elections take place, probably next-- after that, it will be for th
the rest of the economy has started to feel the effect from the sluggish manufacturing sector. if you look at the breakdown of the services pmi, the construction services sub index -- meanwhile, new orders were dragged lower by demand weakness for transportation. over in australia, a survey showed an even grimmer picture as its services index dipped to 41.9 in september. india reports its all important services pmi tomorrow, while hsbc is out next monday. that's all from me. >> thank you very much. >>> coming up on today's show, we head to paris to find out more, the attempts to offload his unit. then to hong kong where we examine the political transition in china plagued by scandals and disappearances. we get an expert view on the new leadership change. >>> and next, washington and its debate tonight as romney and obama finally square off. we'll have a preview of what to expect and what's at stake with our very own democrat-republican panel. >>> and real estate is on the rise. we head to new york with founder barbara corcoran. mariano rajoy has denied reports that spain will request a bai
of the economy, and if that stops jobs are going to stop, too and so is everything else. >> larry, i think those are very good points. i would argue most of the weakness we are seeing in the manufacturing side is a function of much weaker export s because of weakness in europe and asia. i think what we are seeing in the latest chicago data is a catchup with all the other weakness we had seen in earlier surveys. i think the economy is weak. it's not strong by any means but the labor market looks like it is growing. i don't think it will rollover from modest job growth. claims are ploe low and tax receipts are improving. >> 1 30i7b 3% depend we got earlier this weak. a lot of people would call ate growth recession. i want to ask is this stall-speed or an actual recession? >> i think we have slowed since the 1.3% second quarter number larry. we are seeing durable goods orders down in july and august. we are seeing the pmi is down. importantly, europe is moving in to a recession. germany is now in recession and china is not doing its stimulus. you have a coordinated global slow down starts now and i
. the economy is obviously a big part of this story. the qe announcement providing a shock to stock. we'll talk to charlie evans at 8:30 eastern time. and then it is your money, your vote. we'll start the countdown to the first presidential tee batd, that is on wednesday night. we'll be turning to a pair of political strategists in the next half hour for a preview. plus a cnbc exclusive, julia boars sten catching up with sheryl sandberg. including just how many people put everything about themselves online. >> does it scare that you you've helped create a generation of oversharers? >> i think what we give is people the ability to share what they want. what is one person's ridiculous oversharing is another person's regular day and we build technology that lets users share what they want to share and that's tremendously exciting. >> julia will join us with more of that conversation coming up at 7:30. and we'll find out why craig barrett is not a facebook fan. and in sports news, yes, europe has retained the ryder cup. staging a comeback after the u.s. began sunday with a big lead. europe has won
to find work in today's economy. too many of those whore payc.ng are liaycheck to acare ling in poverty than when president obama took office. and 15 million more are on food stamps. my plan will create 12 million new jobs over the next four years. we shoul'teasure compassion by how many pele are on wee. hosuomio by how many people are able to get off welfare and get a good paying job. i'm mitt romney, and i approved this message. >> i think that ad just makes my odorning, it's thursday, september 27th, as you take a look at a wet times square in new york city. i'm in chicago this morning, but with us in new york city wh willie geist, our national affairs editor for "new york" magazine andnbit analyst, john heilemann. also former treasury official and "morning joe" economic analyst steve ratner and nbc news chief affairs correspondent and ht of "andrea mitchell reports." >> we have affairs. >> andrea mitchell. aninasto f "the politico playbook," executive executor jim vandehei. of course, willie, we've got a lot to talk about. let's start really quickly with the refs! >> they're back. >
while consumer prices slipped further in august raising fears the world's third biggest economy could yet fall into recession by year end. >>> what a big day. >> super friday. >> we have the french budget proposal, the results of the spain audit/stress test, we've got, what else -- it's the end of the quarter. britain is announcing it libor reforms. >> that's not what i was talking about. it's the ryder cup, folks. forget all that stuff. >> by the way, i had to google the ryder cup. >> far more important event. >> we'll talk about that later in the program. >> i don't know who insisted on that, but apparently we are going to cover it. >> before we get to that, the government of hollande is about to present it first budget. its expected to whicheverdelives of tax hikes. meantime european policymakers are appraising spain's reform plan. but today the government must brace for the results of the banking stress tests that will determine the recapitalization needs of the country's most troubled lenders. we have steve sedgwick following the story in thmadrid, but firs out to stefane i
's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on dividends? >> dividends, capital gains, dividends, profits, reinvestment of capital, interest you name it. bill: here is a query for you. are they cutting spending at all? >> by about $10 billion euros. $20 billion worth of tax increases. $10 billion worth of spending cuts gives you a 30 billion euro reduction they think in the budget deficit. bill: well on the spending cuts, how much resistance was there? >> there is going to be a lot of resistance. in france there is really a cradle to grave security system and the state is at the very center of the economy. when the state starts cutting into to spending, cutting down on spending, there will be some resistance and it will be seen on the streets. bill: do you expect the wealth
economies to fwroe and our dialog in our country is the urban cities that have to create the new jobs for the new economy. i know paris must do so as well, and if we work tokt, we can create those and instigate and innovate our new ideas for the new economy and our mutual obligations on the environment, and then there is something that paris and san francisco hold very dearly and that's an ongoing conversation about our human rights as world leaders, so it's human rights, it's the environment, it's the economy and these are the reasons why we hold our relationship with paris and with all the other great cities of the world in a sister city relationship so dearly, we learn from each other, we send delegations to each other, we welcome each other to the city but in each and every instance, we are always thinking about ideas about how we can help each other and help regions improve, so i am excited to have met with the mayor just a few minutes ago to reaffirm our relationship and we'll sign that in a few moments to document that and to promise each other that we will continue this very
of divided germany and the beginning of a new germany that would grow to become europe's largest economy. as he continued his speech coming he said the germans had shown tremendous solidarity toward one another. he said a similar effort must be made on the process of european integration. >> only in europe, working with our neighbors and partners in this community, can we, and will we, be able to achieve our common goals, as they are described in our national anthem, unity, justice, and freedom. >> it was a message of hope in the face of mounting economic and social tensions across the european union. >> 31 people are dead in the syrian city of aleppo after a suicide bombing in the government controlled part of the city. >> aleoppo has been a major battleground. the two sides seemed to be deadlocked. >> deep craters in the crate a huge amount of explosives was used in this attack. months of warfare have reduced the once magnificent buildings in the square to ruins. wednesday's explosions ripped through a military office club and a hotel. it is caught most of those killed were government
to turn around our economy in the same way. end of that quote. but still that word harvest just sticks out, doesn't it? >> it does. and i have to say this tape wasn't surprising. it's interesting in some ways because it's not surprising. this is how private equity people talk. they look at companies not in the long run, you know, how to build something the way steve jobs built apple and how it can be part of a community and go on and on and create jobs and survive and thrive. they look at companies as sort of profit opportunities. we look for companies with hidden or potential value. we go in there, take a stake, try to manage them, and then harvest them for significant profits. now, as president obama has said, in some ways there's nothing wrong with that. newt gingrich called it vulture capital lic capitalism. it's looking at a way of creating jobs, being a stake holder in the community and thinking about the long run. that's not what you're look at. mitt romney was just talking the jargon of someone who does private equity and it's just not -- at the same time, though, in the last year
the immediate future of our economy, and the level of disappointment in barack obama held by obama supporters who will vote for him, but they are still disappointed in him. so those two things alone, i think, are going to result in a jump-ball election. but to the debate tonight, i do think it's going to be important for mitt romney. the reason i think it's going to be important for mitt romney is i think very few of us have an understanding of the ripple effect of the 47% comment that has been reported and reported and reported out there in the country. this is going to be the first time that many americans, most americans, actually, are going to see mitt romney on a stage with the president of the united states, and they're going to have to figure out, well, does he understand us? he said 47% of us, you know, are basically bust-outs. does he really understand my life? this is going to be their shot at getting a peek at that. for that reason and that reason alone, i think this debate is very important for mitt romney. >> can i pick -- >> and i think the debates -- i personally think debates
ago, europeans were worried about whether the american economic crisis would blow their economies off course. >> now it's the other way. >> today it's very much the other way round. actually, america, given where they came from on all this, actually it's pretty remarkable that they are where they are today. >> one of your successors, british prime minister david cameron has been in new york this week and went on the letterman show. he got hijacked a bit. let's watch a bit of this. i'm sure you'll enjoy this. >> and the literal translation was what? >> again, you're testing me. >> it would be good if you knew this. >> no, no. you found me out. >> oh, good heavens. magna carta literally means great chart. >> he ruined it. i was going to ask you. be honest. >> magna carta, because i'm slightly older than david cameron so i learned latin in school. >> you would have known? >> well, by the way he learned latin in school. let me tell you, there is nothing worse than being on these types of shows -- i used to get -- i would never get nervous about, you know, certain level of apprehension abo
to try to pay for all of this. what they will do is destroy their economy. so this will be, this will be the end for france. this can't last. hollande, i can't man he is president for much longer because, because his popularity is plummeting. >> kind of depends on who is, who is out there voting. whether or not they support it. in france there are a whole bunch of people are looking to leave. super victoria supermodels say they will leave the country. >> right. melissa: the head of lvmh will leave the country. ceo of beauty companies saying that they're going to, they're going to have a really hard time, recruiting, l'oreal, will have a hard time recruiting executives because why would somebody come to france and work if giving away 70% of the income. there you go. that is everybody racing for the door. >> right. they have raised tax rates across the board. 41% rate went to 45. they now have a higher tax rate than the average european tax. remember, airbus is in france. so, and part of this tax hike they're taking away the ability of corporations to deduct interest on their
. that's what's happening now, coming to grips with their economy is going to be horrendous for a long time. >> thank you very much. i'm sure we'll check back with you later this morning. >>> we have to go? really? we do? all right. coming up, this football stuff. >> we'll get into some of this. >> today's national weather forecast. in sports, another team clinches a major league baseball playoff spot. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's ha
on president obama and the economy. how has he managed to avoid public retribution for not fixing the economy better than he has done? >> because this is not a normal time. >> plus his extraordinary work with the clinton global initiative. >> we don't have to produce miracles. all we have to produce is progress. we just keep pushing these rocks up the hill. >> is the world ready for a clinton back in the office? >> i can run for president of ireland because of my irish heritage. >> this is "piers morgan tonight." good evening. the most powerful man and woman in the world are gathered in new york tonight at the u.n. and across town at the clinton global initiative. president obama spoke at cgi today. we'll get to that in a moment. he had tough talk on iran's nuclear program. >> let me be clear. america wants to resolve this through diplomacy and we believe that there is still time and space to do so. but that time is not unlimited. >> with just 42 days to go until the election, mitt romney blasted iran in his speech to the cgi. >> a voice of unspeakable evil and hatred has spoken out, threaten
'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day 50+. >>> with me now one of the great campaigners in recent history, former prime minister tony blair. you won three elections, never got beaten. mitt romney and barack obama watching, come on, what's the secret? how we going to win this election? i know you don't want to particularly take sides over this because you don't see it as your place to do that, but in terms of where this race currently is, is it too close to call? do you think it could still go either way? >> well, you never know until the election actually happens. at the moment i would say obviously president obama seems very, very strong but i mean,
Search Results 0 to 49 of about 103 (some duplicates have been removed)